Income Limits by County

FY2027 Small Area FMR · Leonard, MO

ZIP 63451 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 63451 (Leonard, MO) is $1,020 a month, down 9.7% from FY2026. That is 0% equal to the Macon County, MO area-wide FMR of $1,018.

2-bedroom SAFMR$1,020per month ▼ 9.7%
Area-wide 2 BR FMR$1,018Macon County, MO
Rank in the area5thof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$918
2 BR Small Area FMR$1,020
110% of SAFMR$1,122

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 63451 sits in the Macon County, MO area

$960$1,250median $975

Of the 16 ZIP codes HUD lists for the area, 63451 has the 5th highest two-bedroom Small Area FMR. Macon County, MO is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,018 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,020 for this ZIP code instead.

ZIP code 63451 crosses more than one HUD area. HUD also lists it under Shelby County, MO (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$750$675 – $825$750$830
1 bedroom$810$729 – $891$778$890
2 bedrooms$1,020$918 – $1,122$1,018$1,130
3 bedrooms$1,350$1,215 – $1,485$1,223$1,500
4 bedrooms$1,620$1,458 – $1,782$1,494$1,790

A household renting a two-bedroom home at the Small Area FMR of $1,020 needs about $40,800 a year to keep housing costs at 30% of income. The area median family income is $81,800 and the 80% low-income limit for four people is $65,450. ZIP code 63451 lies mainly in Shelby County and Knox County. See the Macon County, MO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
63460Novelty6.6 mi$970
63469Shelbyville10.3 mi$1,160
63458Newark11.6 mi$1,010
63437Clarence12.1 mi$960
63431Anabel12.7 mi$990
63530Atlanta13.2 mi$960

Questions

What is the Fair Market Rent for ZIP code 63451?

HUD's FY2027 Small Area Fair Market Rents for 63451 are $750 (studio), $810 (1 BR), $1,020 (2 BR), $1,350 (3 BR) and $1,620 (4 BR) a month.

What is the Section 8 payment standard in 63451?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 63451 that range is $918 to $1,122 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 63451?

The FY2026 income limits of the Macon County, MO area apply: median family income $81,800, low-income (80%) limit $65,450 for a family of four.